Arm Holdings says the number of customers using ARM-based processors for data centers has increased 14-fold to 70,000 since 2021, the company said in a statement to Reuters.
Under new CEO Rene Haas, the company has begun expanding its business into the PC and data center markets. Like other chip companies, Arm has benefited from the rapid development of artificial intelligence. For example, since 2021, demand for ARM chips among startups has increased 12 times.
Meanwhile, chips based on the company's technology for mobile devices and PCs have not been as successful and are showing somewhat slower growth. Arm declines to provide annual financial forecasts due to uncertainty in trade.
ARM chips are known for their high performance and low power consumption, making them the go-to chips for almost all mobile devices. However, the same approach is essential for AI data centers, where power consumption is a major concern. Companies are even turning to nuclear power to meet demand.
Companies adapting Arm technology to create their own chips include Amazon, Google and Microsoft. Amazon Web Services, for example, has already created several generations of its own processors since 2018, including versions for artificial intelligence on the ARM architecture. These companies are also among the main providers of cloud capacity for many startups, including OpenAI.
Arm is also making significant strides in other areas. In particular, the company develops computers based on the ARM architecture and says that since 2021 the number of applications running natively on its chips has doubled to 9 million. The number of developers working with the company's architecture has also increased 1.5 times to 22 million.